The Double Bubble Is Upon Us
Keep your eyes on the weekly rsi in the coming days and weeks.
It still looks as though Bitcoin is in the process of replicating the moves it made back in 2013 (the double bubble).
If I had to guess, Bitcoin might continue to slide to 40k or $38,888 (if I'm to be precise) before continuing its journey to the upside.
I still expect the cycle-top of this bull-run to be in the neighborhood of 280k, even if it doesn't play out until sometime in 2022.
Good luck out there
(not financial advice ;)
It still looks as though Bitcoin is in the process of replicating the moves it made back in 2013 (the double bubble).
If I had to guess, Bitcoin might continue to slide to 40k or $38,888 (if I'm to be precise) before continuing its journey to the upside.
I still expect the cycle-top of this bull-run to be in the neighborhood of 280k, even if it doesn't play out until sometime in 2022.
Good luck out there
(not financial advice ;)
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.